How Analysts Feel About Trustco Bank Corp NY (NASDAQ:TRST) After Increase in Sellers?

October 13, 2018 - By whatsonthorold

Investors sentiment increased to 1.93 in Q2 2018. Its up 0.40, from 1.53 in 2018Q1. It is positive, as 9 investors sold TrustCo Bank Corp NY shares while 33 reduced holdings. 28 funds opened positions while 53 raised stakes. 58.73 million shares or 3.72% more from 56.63 million shares in 2018Q1 were reported.
The Illinois-based Northern Tru has invested 0% in TrustCo Bank Corp NY (NASDAQ:TRST). Hugh Johnson Advsrs Ltd Company owns 59,882 shares. Public Employees Retirement Association Of Colorado reported 0% stake. Texas Permanent School Fund has invested 0.01% in TrustCo Bank Corp NY (NASDAQ:TRST). Balyasny Asset Ltd Com has invested 0% in TrustCo Bank Corp NY (NASDAQ:TRST). Principal Fincl owns 773,914 shares or 0.01% of their US portfolio. Hartford Inv Management reported 23,959 shares. Sterling Cap Management Limited Co has 0.01% invested in TrustCo Bank Corp NY (NASDAQ:TRST). Allsquare Wealth Management Ltd Company invested in 0.02% or 2,658 shares. Price T Rowe Assoc Incorporated Md reported 57,883 shares. Raymond James accumulated 0% or 33,794 shares. State Street Corp owns 2.49 million shares or 0% of their US portfolio. Citigroup has invested 0% in TrustCo Bank Corp NY (NASDAQ:TRST). Hsbc Hldg Public Limited Com invested in 0% or 72,017 shares. Dimensional Fund Lp has 0.02% invested in TrustCo Bank Corp NY (NASDAQ:TRST) for 5.67M shares.

Since April 27, 2018, it had 1 buying transaction, and 3 insider sales for $192,246 activity. HALL MICHAEL JAMES bought $17,352 worth of TrustCo Bank Corp NY (NASDAQ:TRST) on Friday, April 27. SCHRECK ERIC W sold 1,975 shares worth $18,190.

The stock of Trustco Bank Corp NY (NASDAQ:TRST) registered an increase of 2.16% in short interest. TRST’s total short interest was 3.10M shares in October as published by FINRA. Its up 2.16% from 3.03 million shares, reported previously. With 400,700 shares average volume, it will take short sellers 8 days to cover their TRST’s short positions. The short interest to Trustco Bank Corp NY’s float is 3.32%.

The stock decreased 3.00% or $0.24 during the last trading session, reaching $7.75. About 355,937 shares traded or 18.79% up from the average. TrustCo Bank Corp NY (NASDAQ:TRST) has risen 11.32% since October 13, 2017 and is uptrending. It has underperformed by 4.30% the S&P500.

TrustCo Bank Corp NY operates as the holding firm for Trustco Bank that provides personal and business banking services to individuals, partnerships, and firms. The company has market cap of $748.19 million. The firm is primarily involved in accepting deposits, and making loans and investments. It has a 14.9 P/E ratio. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage backed securities.

TrustCo Bank Corp NY (NASDAQ:TRST) Institutional Positions Chart

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